Robots Help Manufacturing Recover Without Adding Jobs
kkleiner writes "For the last 30 years, automation has enabled U.S. manufacturing output to increase and lift profits without having to add any traditional jobs. Now, in the last decade, nearly a third of manufacturing jobs are gone. As manufacturing goes the way of agriculture, the job market must shift into new types of work lest mass technological unemployment and civil unrest overtake these beneficial gains."
At some point when a machine can do any job better, faster, and more cheaply than any human, what's left for the human to do? Beg for food I guess... or something.
So if I have a machine that will produce anything I want, at the push of a button, I will be poor and have to beg. I am not sure I follow your logic.